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unemployment, and she said she will be working together with cameron 2 stock corporations avoiding taxes. >> two very different approaches, but which went down better at davos? our correspondent has more. >> angela merkel can be joyful and comical. today, she was not. she was serious while cameron was casual, full of british humor, selling himself and his country, he even got applause during his speech, and although most people here criticized sharply his plans for a referendum, he did not say a lot about this topic today. he sold it as his duty to deliver the referendum to the british citizens. in contrast, angela merkel did not try to be entertaining. she emphasized the common interests of britain and the european union, like structural reforms, free trade agreement with the united states, and make europe more competitive, obviously trying to deal with a new conflict as coolly as possible, a strategy that has brought her a lot of success in the last years. thursday was the day of cameron and merkel. now everybody is heading to one of the numerous parties if they have enough energy, and
unemployment, and she said she will be working together with cameron 2 stock corporations avoiding taxes. >> two very different approaches, but which went down better at davos? our correspondent has more. >> angela merkel can be joyful and comical. today, she was not. she was serious while cameron was casual, full of british humor, selling himself and his country, he even got applause during his speech, and although most people here criticized sharply his plans for a referendum, he...
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Jan 24, 2013
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budget cuts and tax hikes to avoid a full-scale bail-out accord og the efforts are hurting short-term recovery. with backing from the european central bank might offer long-term hope. bond sales to write down spain's debt went well. >> we are getting indicators that it's slowly adjusting. start to turn in the coming quarter. >> greece might be building on a couple of years of austerit austerity. the country is qualifying for e.u. bail-out money. 2013 is bringing more protests. young and old in athens. unemployment in greece is higher than spain. and pensions are slinking. >> we are rapidly going backwards. far backwards. the only battle is the battle on the street. >> greece is trying to keep a lid on things. mass transit strike in the second week. officials say they will jail workers if they don't go back on the job. greeks are tired. this is a hassle but what can we do? >> this is watched by the u.s. wall street buffeted by the european trouble. washington planning austerity moves and taxes and all are hoping what has happened in europe isn't a preview of years to come. bret? >> bre
budget cuts and tax hikes to avoid a full-scale bail-out accord og the efforts are hurting short-term recovery. with backing from the european central bank might offer long-term hope. bond sales to write down spain's debt went well. >> we are getting indicators that it's slowly adjusting. start to turn in the coming quarter. >> greece might be building on a couple of years of austerit austerity. the country is qualifying for e.u. bail-out money. 2013 is bringing more protests. young...
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Jan 24, 2013
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and jobs and taxes. so, i thought it was fair when i set up my juice bar that i charge them just a little b bit-- (inaudible) >> and in terms of they just voluntarily pay more, right? that's what i love about the story, people come up and say, well, i'm a liberal and i'll pay an extra dollar. >> that's right. they just come in and it says it right on the menu board there that what the price is and we just, we just direct them to the menu board and we just asked them what's your price? and then they just volunteer, either conservative or liberal and pay the extra little bit more and they seem happy to do it. we've only-- we're in a pretty conservative town out here in the oil fields and we've only had a few of them in. we collected $3 and we give the money to the heritage foundation and we don't pocket it we have our tips and the money, good conservative cause and it's seems to have worked out pretty good so far. and people-- although people are pretty excited about it on the internet. >> greta: all right
and jobs and taxes. so, i thought it was fair when i set up my juice bar that i charge them just a little b bit-- (inaudible) >> and in terms of they just voluntarily pay more, right? that's what i love about the story, people come up and say, well, i'm a liberal and i'll pay an extra dollar. >> that's right. they just come in and it says it right on the menu board there that what the price is and we just, we just direct them to the menu board and we just asked them what's your...
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Jan 24, 2013
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we've got to make trget targeted cuts and reforms but we also believe we need to eliminate a lot of tax breaks and loopholes that we heard from our colleagues about in order to reduce the deficit in a balanced way. if you don't do that, you sock it to everybody else in the country. let's pass a balanced approach to reducing our deficit and not one that takes it out of the expenditure. the speaker pro tempore: the gentleman's time has expired. the gentleman from michigan. mr. camp: i would just say w have already increased the debt limit over $5 trillion in the obama administration, almost a 50% inkeys in the debt limit. let me also say we have had many several, temporary short-term increases in the de limit before there's been a more permanent long-term increase in 1987, 1990, 1996. it is not unprecedented, the action we're going to be taking today. with that, i yield two minutes to the distinguished member of the ways and means committee, the gentleman from washington state, mr. reichert. the speaker pro tempore: the gentleman is recognized for two minutes. mr. reichert: thank you, mr.
we've got to make trget targeted cuts and reforms but we also believe we need to eliminate a lot of tax breaks and loopholes that we heard from our colleagues about in order to reduce the deficit in a balanced way. if you don't do that, you sock it to everybody else in the country. let's pass a balanced approach to reducing our deficit and not one that takes it out of the expenditure. the speaker pro tempore: the gentleman's time has expired. the gentleman from michigan. mr. camp: i would just...
WHUT (Howard University Television)
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starbucks got a roasting for paying no corporation tax on new sales of some $600 million. it's now volunteered to make some payments. starbucks arrangements are perfectly legal and typical of a multinational of its kind. but critics have not been silent, forcing starbucks into damage control. >> one of the things that's really tricky about that situation on corporation tax is how do you educate the public of the complexities of the british tax code, and does the public really care about those intricacies? probably not. so, on the one hand, by educating the public, you look defensive. by not educating them, then you're almost encouraging them to think that you are a big, greedy, terrible company trying to exploit your workers. it's a very difficult thing to play. >> big numbers expected later on from starbucks. >> aaron, thank you, thank you. do stay with us. there's much more to come here on "g.m.t." our science correspondent explains why biscuits provide a clue to the link between dogs and their canine ancestors. >> now, to the controversial construction of winter in airl
starbucks got a roasting for paying no corporation tax on new sales of some $600 million. it's now volunteered to make some payments. starbucks arrangements are perfectly legal and typical of a multinational of its kind. but critics have not been silent, forcing starbucks into damage control. >> one of the things that's really tricky about that situation on corporation tax is how do you educate the public of the complexities of the british tax code, and does the public really care about...
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Jan 24, 2013
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tax people and they want to dig in. i think republicans now realize eye don't know if they can carry the day on this-- but i think they now realize a smile, a lighter touch, talking about compromise, but staying tough to principle, repositioning themselves that could do a world of wonder. i think they just need a break now. i think they need the focus to be on the white house, the president and the democrats. >> ifill: what they're counting on then you're saying not that the vision will change but the implementation will be so unpopular for the white house they will then be able to regain their footin footing there that? >> in fact, the country is very concerned about spending. they're concerned about these huge deficits and debt. that's an argument that maybe republicans can get some traction on. i thought this was a good day for john boehner who has had a lot of bad days in leading the house. this was a crase where they had a retreat last weekend. people who were there said it was a very som bell retreat and they agre
tax people and they want to dig in. i think republicans now realize eye don't know if they can carry the day on this-- but i think they now realize a smile, a lighter touch, talking about compromise, but staying tough to principle, repositioning themselves that could do a world of wonder. i think they just need a break now. i think they need the focus to be on the white house, the president and the democrats. >> ifill: what they're counting on then you're saying not that the vision will...
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tax here to pick up bulk of r.b.s. is five hundred million pound live for. that's right the bank while it was owned by the people went out and to show their appreciation to man a massive act of financial terrorism and they said good british people pay us again pay us again pays again we know you worship stones and rocks and you don't know what money is just give us all your money and the people here in the u.k. are like yes yes banks will do whatever you want. ok it's ten minutes past the hour here in moscow in the dead of winter certainly appears to become full on russia's icy roads and shocking footage now going viral through social networks of what can happen if you're not careful. buying more say tech i was through the trial. the road is clear he decides to overtake his lips on the road the truck coming back she's on to him they go something falls out there you see why don't your left corner is the baby who's just literally out of the moving car into oncoming traffic now what's most surprising about this is that the father comes out luckily this driver i
tax here to pick up bulk of r.b.s. is five hundred million pound live for. that's right the bank while it was owned by the people went out and to show their appreciation to man a massive act of financial terrorism and they said good british people pay us again pay us again pays again we know you worship stones and rocks and you don't know what money is just give us all your money and the people here in the u.k. are like yes yes banks will do whatever you want. ok it's ten minutes past the hour...
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although he was was did you know it is away from the topic because his speech was that she focused on tax transparency to calm down on avoidance that's what he wanted to talk about but the rest of the financial ministers here in davos they just wanted to talk about the referendum. and katie will join us again later in the day here in r.t. for now though catalonia has adopted a declaration of software into the proclamation that gives it the right to hold a referendum on breaking away from spain but madrid is unswayed maintaining it's not up to the catalans to decide if they want to leave but a matter for spaniards to agree upon a scammer on this now i want to see where it leads are both sides with carlos deck also sociologist at the pump university thank you very much indeed for coming on the program today it does appear that madrid and catalonia are on a collision course at this point but how do you foresee it playing out. well i think the main challenge right now in catalonia is for this declaration of sovereignty to to be something real to really put on the table a question that's that'
although he was was did you know it is away from the topic because his speech was that she focused on tax transparency to calm down on avoidance that's what he wanted to talk about but the rest of the financial ministers here in davos they just wanted to talk about the referendum. and katie will join us again later in the day here in r.t. for now though catalonia has adopted a declaration of software into the proclamation that gives it the right to hold a referendum on breaking away from spain...
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although he was trying to steer your ideas away from the topic because his speech was that she focused on tax transparency to come down on avoidance that's what he wanted to talk about but the rest of the financial ministers here in davos they just wanted to talk about the referendum. are we seeing. on the program here on r t but for now are britain's pitch for a sweeter deal from brussels did however receive or quarter its response from germany chancellor merkel remark that there was room for talk but not for shopping warning the u.k. not to expect too much but stephen wolf spokesman for the u.k. independence party still believes britain would do absolutely fine out on its side . they said that we would be in huge problems if we came out of the already they said that business would not actually invest in the u.k. unless we join the euro this isn't going to happen and we're not going to have believed the false promises and the false concerns that european politicians and big businesses are actually going to throw as i mean there's an unholy alliance that sees people forming between old conser
although he was trying to steer your ideas away from the topic because his speech was that she focused on tax transparency to come down on avoidance that's what he wanted to talk about but the rest of the financial ministers here in davos they just wanted to talk about the referendum. are we seeing. on the program here on r t but for now are britain's pitch for a sweeter deal from brussels did however receive or quarter its response from germany chancellor merkel remark that there was room for...
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mired in the back and forth, but i believe we would be doing more to prevent future tragedies and the tax if we take -- attacks if we take the recommendation . they just wanted to look at the facts, which they did an excellent job doing, and tell us what we need to do. >> thinking about future attacks and trying to prevent those, on september 12, the president vowed to bring to justice the killers who attacked our people in benghazi. we ask the question and the senator talk about the people perpetrating the recent attacks in algeria, were they emboldened because no one has yet paid the penalty for our facility in benghazi? >> i know the fbi has been briefing some committees, i assume members of staff in this committee are included. , about the progress of their investigation. i got the update from the director a few days ago when he returned from south africa. they are following some very promising leads and putting together cases. they would have to speak to you directly about that in a classified setting. i think what they are trying to determine is how best to respond. what the preside
mired in the back and forth, but i believe we would be doing more to prevent future tragedies and the tax if we take -- attacks if we take the recommendation . they just wanted to look at the facts, which they did an excellent job doing, and tell us what we need to do. >> thinking about future attacks and trying to prevent those, on september 12, the president vowed to bring to justice the killers who attacked our people in benghazi. we ask the question and the senator talk about the...
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although he was right as did the audience away from the topic because his speech was actually focused on tax transparency to clamp down on avoidance was what he wanted to talk about but the rest of the financial ministers here in davos they just wanted to talk about the referendum. catalonia has adopted a declaration of sovereignty a proclamation that gives it the right to hold a referendum on breaking away from spain the madrid is on the sway discharging like illegality and maintaining it's not up to catalans alone to decide if they want to leave but a matter for all the spaniards because their course she's a sociologist at the pump of public university says that's little more than an excuse. well it's definitely unlawful i mean it's awful against the constitution the question is also you know how many people in spain right now. are really behind this constitution and when when does this constitution actually mean anything the constitution also guaranteed a right for instance to decent housing and yet we find that you know hundreds of people are being are being kicked out of their homes day
although he was right as did the audience away from the topic because his speech was actually focused on tax transparency to clamp down on avoidance was what he wanted to talk about but the rest of the financial ministers here in davos they just wanted to talk about the referendum. catalonia has adopted a declaration of sovereignty a proclamation that gives it the right to hold a referendum on breaking away from spain the madrid is on the sway discharging like illegality and maintaining it's...
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although he was right as did you it is away from the topic because his speech was that she focused on tax transparency to calm down and avoided some of what he wanted to talk about but the rest of the financial ministers area in davos that is what it's all about the referendum. would be in the team in health enough no in the meantime coming next on the break it's the kaiser report stay with us so that. you know sometimes you see a story and it seems so you think you understand it and then you glimpse something else you hear or see some other part of it and realized everything you thought you knew you don't know i'm tom parker parker the big picture. choose your language. clearly we can we know if you're going to go on a special someone. said. she was going to consent. to use the typical rate to. choose the stories but in. truth you access to. wealthy british style. markets. find out what's really happening to the global economy with mike's concert for a no holds barred look at the global financial headlines tune into a report on. what the cows report. has or what exactly is in the british
although he was right as did you it is away from the topic because his speech was that she focused on tax transparency to calm down and avoided some of what he wanted to talk about but the rest of the financial ministers area in davos that is what it's all about the referendum. would be in the team in health enough no in the meantime coming next on the break it's the kaiser report stay with us so that. you know sometimes you see a story and it seems so you think you understand it and then you...
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lapierre says the only intention behind any legislation is to either tax the weapon or take it. that's what he says. >> well, that's what he says, but that's because what he's trying to do is spin his constituency, his membership, into believing false positives. 74% of nra members believe there should be background checks just like we expect everybody that is behind the wheel of a car to have a driver's license and make sure they're tested and they're driving responsibly. the same thing should be happening with whether or not you're a gun owner. i think that's perfectly responsible. >> and you're making perfect sense, maria teresa. hogan, the vice president spoke with guns on the internet. he said something interesting about the ban on assault weapons versus the ban on high capacity ammunition magazines. take a listen. >> i'm much less concerned, quite frankly, about what you call an assault weapon than i am about magazines and the number of rounds that can be held in a magazine. >> hogan, given the resistance to the idea of an assault weapons ban, do you think the chances are b
lapierre says the only intention behind any legislation is to either tax the weapon or take it. that's what he says. >> well, that's what he says, but that's because what he's trying to do is spin his constituency, his membership, into believing false positives. 74% of nra members believe there should be background checks just like we expect everybody that is behind the wheel of a car to have a driver's license and make sure they're tested and they're driving responsibly. the same thing...
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tax, hidden tax, sales tax, 63 cents of every dollar. the government and if he dies they're going to take the gold out of his teeth. the government is robbing him blind. >> the handy guideline, whenever the government takes the majority of what you make, it's hard to defend that on moral grounds. what's the justification, the practical effects are obvious. i'm a 6th generation californian, i'm in arizona now. half the affluent neighborhoods in this city are occupied by people in california,en you can sniff and say they're unpatriotic, but that's california's problem. you're going to end up with a state no one can pay for the state government. and that's a disaster. >> sean: let me put up on the screen here, and we did background and research, and the american exchange council came up with numbers and that's people moving from states that have the highest taxes and you can see the number is what, 4.2 million people, and then we have people moving to states with the lowest taxes, you can see a transfer, 2.8 million people and then you've g
tax, hidden tax, sales tax, 63 cents of every dollar. the government and if he dies they're going to take the gold out of his teeth. the government is robbing him blind. >> the handy guideline, whenever the government takes the majority of what you make, it's hard to defend that on moral grounds. what's the justification, the practical effects are obvious. i'm a 6th generation californian, i'm in arizona now. half the affluent neighborhoods in this city are occupied by people in...
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he, of course, is the highest earner. 37 in live in texas which is a no tax state. 67 live in florida, also no taxes and several democratic lawmakers in california came out today and said, look, they don't believe high taxes force anybody out of this state, shep. >> shepard: trace gallagher in los angeles. trace, thanks. the family of the legendary linebacker junior is ais now suing the national football league over his death. their claiming the league deliberately ignored and hid evidence of hits of repeated hits to the head. those hits led to the brain disease that caused sao's suicide. when he killed himself last year he had a degenerative brain condition associated with head trauma. he played 20 playoff season and suffered multiple concussion. his family says in later years he forgot things, couldn't sleep was depressed. no response yet in nfl officials. the league has consistently denied similar allegations. there is a man begging on a street in oregon. and he is asking for a whole lot more than loose change. this guy is after a kidney. and the thing is, it looks like it may have
he, of course, is the highest earner. 37 in live in texas which is a no tax state. 67 live in florida, also no taxes and several democratic lawmakers in california came out today and said, look, they don't believe high taxes force anybody out of this state, shep. >> shepard: trace gallagher in los angeles. trace, thanks. the family of the legendary linebacker junior is ais now suing the national football league over his death. their claiming the league deliberately ignored and hid...
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you know, there is a joke that has gone around israel for some time that a third of the people pay taxes, a third of the people work, and a third of the people go in the army and the problem is they're all the same third. ( laughter ) what you actually found now is people saying enough. the fact is you had-- bebe made a deal with kadima, created a broadbased government, and they were going to resolve this question of the haridi serving in the military and what the fair burden would be. and a commission worked out something and in the end, the prime minister decided that he felt that the character of that deal just was not one he could live with. i think that came back to haunt him in a fairly big way. so i think, number one, it's sharing the burden in a sense that if the country was going to go to the right the way it appeared to be, there was going to be no sharing of the burden. secondly, i think there is a sense of the main stream in israel feeling wait the character of likud, when benny baggan can't qualify for the list, when dan meriddor can't qualify for the list the people who are
you know, there is a joke that has gone around israel for some time that a third of the people pay taxes, a third of the people work, and a third of the people go in the army and the problem is they're all the same third. ( laughter ) what you actually found now is people saying enough. the fact is you had-- bebe made a deal with kadima, created a broadbased government, and they were going to resolve this question of the haridi serving in the military and what the fair burden would be. and a...
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and we created greater wealth in america that has been created even in the raging time of no income tax and the morgans and mellons and carnegie and rockefellers. we created more wealth for everyone. so we can do this recognizing that the energy market is a $6 trillion market compared to one with what, four billion users going up to nine billion over the course of the next 20, 30 years. this is a place for us to recognize what other countries are doing and what our states that are growing are doing, which is there is an extraordinary amount of opportunity in modernizing america's energy grid. we don't even have a grid in america. we have a big open gap in the circle of america. east coast grid, west coast grid and texas grid and a line from chicago over to the dakotas. we can't sell energy from minnesota to arizona or arizona to massachusetts or to the coal states. it doesn't make sense and can't be a modern country if we don't fix that infrastructure. i would respectfully say to you that climate change is not something to be feared in response to -- the steps to respond to -- it's to b
and we created greater wealth in america that has been created even in the raging time of no income tax and the morgans and mellons and carnegie and rockefellers. we created more wealth for everyone. so we can do this recognizing that the energy market is a $6 trillion market compared to one with what, four billion users going up to nine billion over the course of the next 20, 30 years. this is a place for us to recognize what other countries are doing and what our states that are growing are...
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the fees could be as high as 4%, maybe not that high, we can only hope, don't want another tax. and applies to online shoppers as well. the key you want to hear, debit and prepaid cards are exempt from this. there are questions out there whether american express users will be able to avoid this. they have special language in their contract which means they may be exempt, shep. >> shepard: and these fees are illegal in some states. >> yeah, ten states, you're lucky in you live in california, colorado, connecticut, florida, kansas, maine, massachusetts, new york, oklahoma, and texas. i just want to tell people like the rooeason it's a big deal. look i'll pay cash, what's the big deal. >> shepard: if you have cash on you. >> if you have cash on you, a, and b, credit cards have protections for consumers. if you want to call up after you bought something and falls apart and you don't want to pay for it you call the credit card operator and have it expunged, you can't necessarily do that with cash and get your money back, big protections built in for people who use credit card. i'm no
the fees could be as high as 4%, maybe not that high, we can only hope, don't want another tax. and applies to online shoppers as well. the key you want to hear, debit and prepaid cards are exempt from this. there are questions out there whether american express users will be able to avoid this. they have special language in their contract which means they may be exempt, shep. >> shepard: and these fees are illegal in some states. >> yeah, ten states, you're lucky in you live in...
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you know, there is a joke that has gone around israel for some time that a third of the people pay taxes, a third of the people work, and a third of the people go in the army and the problem is they're all the same third. ( laughter ) what you actually found now is people saying enough. the fact is you had-- bebe made a deal with kadima, created a broadbased government, and they were going to resolve this question of the haridi serving in the military and what the fair burden would be. and a commission worked out something and in the end, the prime minister decided that he felt that the character of that deal just was not one he could live with. i think that came back to haunt him in a fairly big way. so i think, number one, it's sharing the burden in a sense that if the country was going to go to the right the way it appeared to be, there was going to be no sharing of the burden. secondly, i think there is a sense of the main stream in israel feeling, wait, the character of likud, when benny baggan can't qualify for the list, when dan meriddor can't qualify for the list, the people who
you know, there is a joke that has gone around israel for some time that a third of the people pay taxes, a third of the people work, and a third of the people go in the army and the problem is they're all the same third. ( laughter ) what you actually found now is people saying enough. the fact is you had-- bebe made a deal with kadima, created a broadbased government, and they were going to resolve this question of the haridi serving in the military and what the fair burden would be. and a...
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they wanted to take a profit before the higher capital gains taxes can kicked in at the beginning of the year. what's happening today is investors choosing to get out of the stock because competition is becoming more of a factor. there are these quality alternatives going strong these days. i'm talking about the tablet and the smartphone arena. it's getting crowded. what you're seeing is the average price is still around $700. a lot of people are still sweet on apple shares even though it plunged today, wolf. >> steve jobs died about a year and a half ago. what does all of this say about tim cook's tenure as the apple's ceo? >> it says you know what, you're going to get the blame, tim cook. you're the ceo so the buck stops with you. he saw the blowout of the iphone 4s and took the stocks to greater heights. it was around $375 when he took over. the price almost doubled in tim cook's first year in charge. it peaked in september when iphone 5 came out. since then, the shares have been tumbling. for one, wall street and analysts don't have much confidence that he can deliver like steve
they wanted to take a profit before the higher capital gains taxes can kicked in at the beginning of the year. what's happening today is investors choosing to get out of the stock because competition is becoming more of a factor. there are these quality alternatives going strong these days. i'm talking about the tablet and the smartphone arena. it's getting crowded. what you're seeing is the average price is still around $700. a lot of people are still sweet on apple shares even though it...
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i don't think we can continue to tax the american economy when we need economic growth but it's about prioritizing spending. i'm a fiscal conservative who believes foreign aid can be useful but we have to get spending under control. will you use your position to encourage the president to work with us in good faith to solve the debt -- the debt and deficit issue? >> i spent six months, i guess, or five month, as a member of the super committee and i put enormous amount of energy and hope that we would be able to get the big bargain, the grand deal. i'm not here to go through all the the tails why we didn't. but there was a very hard line, nonnegotiating position that prevented us from being able to come to an agroment which incidentally we just came to. but we came to it with far less on the table and far less accomplished than we would have had if we'd come to that agreement six months ago or a year ago. so my hope is, yes, i certainly will weigh in on that to the degree that it has an impact on my ability to do my job and the ability of the state department to do its job. we cannot
i don't think we can continue to tax the american economy when we need economic growth but it's about prioritizing spending. i'm a fiscal conservative who believes foreign aid can be useful but we have to get spending under control. will you use your position to encourage the president to work with us in good faith to solve the debt -- the debt and deficit issue? >> i spent six months, i guess, or five month, as a member of the super committee and i put enormous amount of energy and hope...